Benchmark, every mention
84 scenes (2025), the whole family · ← back to Benchmark
tap a year for its mentions
every year 2025 anyone Harry Stebbings 419Shervin Pishevar 23Jason Lemkin 20Rory O'Driscoll 19Michael Eisenberg 17Mitchell Green 15Everett Randle 11Eric Vishria 10Miles Grimshaw 9Mike Maples 8
Verbatim, from the transcripts: the passages where Benchmark comes up
Predictions for 2026: Top Buy & Biggest Short | Why Salesforce Could Win & NVIDIA’s Challenges · 20VC with Harry Stebbings
- ▶ 14:52 Harry Stebbings My series A is benchmark. 3 times in the scene
a16z's David George on the Most Controversial Bet at a16z & Do Margins and Revenue Matter in AI? · 20VC with Harry Stebbings
- ▶ 1:04:22 Harry Stebbings A benchmark, growth, either you or Pat.
20Growth: How Wiz Built a $30BN Brand in Enterprise | What Worked vs What Was a Mega Failure: Lessons Learned | Why Marketers Make the Worst CMOs & What To Look for in Growth with Raaz Herzberg
- ▶ 41:03 Harry Stebbings I will take an example, which is a benchmark selling their position in Uber.
SpaceX Valued at $800BN & Harvey Raises $160M at an $8BN Price & Netflix Acquires Warner Brothers · 20VC with Harry Stebbings
- ▶ 1:28:37 Rory O'Driscoll I think it's very much not a, you know, I think Benchmark did a good job of making it very much
Base44’s Founder, Maor Shlomo on How Vibe Coding Will Kill SaaS · 20VC with Harry Stebbings
- ▶ 39:45 unnamed speaker Going back to the elements on, on margin, I had Ev Randall, who's the new GP at Benchmark, and he said, Harry, Harry, you're thinking about this wrong.
20VC: Max Altman on The New Seed War: Can Anyone Compete with Sequoia and a16z | Leaving $2BN on the Table with Reddit | Lessons from Backing Rippling at $25M Post | Why Climate Tech is a Mirage and Disaster
- ▶ 28:03 Harry Stebbings I'm not in the US, because why the fuck would they take me when you've got Andreessen, or Founders Fund, or Benchmark, who do the large, large kind of first rounds, or any of the great firms with a super low cost of capital, so they're…
- ▶ 1:12:38 Max Altman Like, it's, you know, it's Sequoia and Founders Fund and Benchmark, and they're just these loud, splashy people.
Michael Burry Shorts NVIDIA and Palantir & Has Defensibility Died in a World of AI? · 20VC with Harry Stebbings
- ▶ 5:18 Harry Stebbings Walmart versus Chanel, and the boutiques are your benchmarks, your USVs, your specific products, and I think when you see this splintering of leadership between Alfred, Lynn, and Early,
- ▶ 26:26 Jason Lemkin We should ask the new benchmark guy who's smarter than me.
- ▶ 50:37 Harry Stebbings Which may be the case, in which case, just tell me straight, you think you want Sequoia or Benchmark, in which case, no harm, no foul, but fine.
Benchmark's GP, Everett Randle on Why Mega Funds Will Not Produce Good Returns · 20VC with Harry Stebbings
- ▶ 0:07 Harry Stebbings I'm thrilled to welcome Benchmark's newest partner, Everett Randall. 3 times in the scene
- ▶ 1:44 Harry Stebbings Before we dive into Benchmark, you've worked with some of the best from Peter Thiel, obviously at Founders Fund, Mary Meeker at Bond, Mamoun Hamid, uh, one of my big bros at Kleiner Perkins.
- ▶ 10:56 Harry Stebbings Can I just ask, before we move to benchmark, you mentioned, I love this dude.
- ▶ 32:18 Harry Stebbings How do you at Benchmark think about that? 4 times in the scene
- ▶ 37:46 Harry Stebbings Um, but I did see the article which said about the ownership that Benchmark had in McCall being obviously much less than the traditional, and I think it was about 10%, give or take. 6 times in the scene
- ▶ 41:20 Harry Stebbings And you can take out one of your old partners, Delian, is quite vocal about Benchmark. 3 times in the scene
- ▶ 45:36 Harry Stebbings Um, when we look at benchmark over the years, you know, Fanton did Airtable Series C. 4 times in the scene
- ▶ 48:58 Everett Randle Um, and I was having a moment of insecurity when I was talking to him about, about just the, the, the role of, of being a GP of benchmark and saying like, Hey, you know, like I, I've mostly done growth. 4 times in the scene
- ▶ 58:39 Everett Randle I had benchmark ironically. 3 times in the scene
- ▶ 1:09:16 Harry Stebbings How do you think about your first deal at Benchmark? 3 times in the scene
- ▶ 1:16:37 Harry Stebbings I think Benchmark could invest in Elizabeth Holmes doing Theranos Take Two, and you'd still get LPs queuing out the door, thinking that Fenton has seen something that no one else has seen.
- ▶ 1:19:57 Harry Stebbings Can you take me to the moment where you said in your head, yeah, I'm gonna do benchmark. 4 times in the scene
Is a $4.5BN Exit Enough in VC? & Harvey Raises $150M & Why Google is a Buy and Amazon is a Sell · 20VC with Harry Stebbings
- ▶ 25:30 Harry Stebbings Um, you know, there was, there was a good piece from the information this week about Benchmark lowering their ownership requirements, and McCall being the example. 4 times in the scene
Why VC Today is Worse than 2021 · 20VC with Harry Stebbings
- ▶ 0:53 Harry Stebbings Topic number one, Everett Randall joins Benchmark. 8 times in the scene
- ▶ 6:14 Jason Calacanis No, I, I mean, um, you know, Brian Halligan this morning was, um, quote tweeting benchmark about benchmark one coming up on 20 years and how it was a great vintage and, and wines, uh, great wines age or whatever it was. 2 times in the scene
Thinking Machines Co-Founder Joins Meta for $3.5BN, Industry Venture's $665M Acquisition · 20VC with Harry Stebbings
- ▶ 11:42 unnamed speaker Because, you know, because if you, you can't sell a hundred percent of benchmark, because then you don't have benchmark, because you don't have the five great guys who are doing benchmark, right? 2 times in the scene
OpenAI's Multi-Billion Deal with AMD & Polymarket, Vercel and Supabase Raise Mega Rounds · 20VC with Harry Stebbings
- ▶ 1:12:26 Rory O'Driscoll They got benchmark in.
Mercor CEO & Co-Founder, Brendan Foody: How They Grew from $1M to $500M in 17 Months · 20VC with Harry Stebbings
- ▶ 27:58 Brendan Foody He paid two 50, uh, as the valuation, uh, at our series B and, you know, uh, I'm sure the benchmark partnership thought that was insane at the time that at the series B, uh, when Felicis gave us the term sheet, we were at twenty million in…
BVP Partner, Byron Deeter: The Future of Venture - Why Chanel vs Walmart is BS · 20VC with Harry Stebbings
- ▶ 59:52 Byron Deeter That's the strategy that benchmark, you know, continues to run.
20VC: 15 Term Sheets in 7 Days and Choosing Benchmark | Harvey vs Legora: Who Wins Legal and How to Play When You Have $600M Less Funding | Are AI Models Plateauing Today | Building a 9-9-6 Culture From Stockholm with Max Junestrand
- ▶ 0:21 Harry Stebbings Second, he's raised from the best in the business, including Benchmark and IVP, to name a few.
- ▶ 28:43 Max Junestrand And so by being in YC, we raised money from Benchmark, who we would have not been introduced to if we weren't in YC.
- ▶ 31:58 unnamed speaker No, because I don't think I would have gotten benchmark at a 10% dilution. 4 times in the scene
- ▶ 35:22 Max Junestrand I turned to Redpoint and to Benchmark, and I said, we're not going to sell for the next four months, because if we sell and we start onboarding all these great attorneys, they're not going to have the best experience.
Figma's 250% Pop - The Greatest IPO Mispricing Ever? Meta & Microsoft Blowout Quarters: Broken Down · 20VC with Harry Stebbings
- ▶ 1:23:07 Harry Stebbings Do you not think, though, that benchmarks capping or discipline on fun size is one of the core reasons why maybe they've lost some talent this year when you look at the likes of, say, a Miles or a Victor leaving? 7 times in the scene
Miles Dieffenbach: Inside Carnegie Mellon’s $4BN Endowment & The Math Behind DPI, TVPI, Illiquidity · 20VC with Harry Stebbings
- ▶ 1:23:32 Miles Dieffenbach We want to be a benchmark.
Why Apple Needs a Management Overhaul & Why Google is Catching Up with Hyperscalers · 20VC with Harry Stebbings
- ▶ 0:51 Harry Stebbings We had Victor leaving benchmark and now there's only three partners remaining with obviously Eric, with Chathan and with Peter Fenton. 11 times in the scene
- ▶ 5:01 Jason Lemkin And 20 VCs above the line, but it's not, it doesn't have the storied history of, uh, of benchmark. 7 times in the scene
- ▶ 19:39 unnamed speaker Because you want, which is why benchmark as the quintessential early stage firm internalized, you need to have, um, you know, you, you need to have equality so that anyone can be a premier partner.
How Do All Providers Deal with Anthropic Dependency Risk & Figma IPO Breakdown: Where Does it Price? · 20VC with Harry Stebbings
- ▶ 1:04:09 Rory O'Driscoll You have more good things happen, because even if you're just a frickin index, right, the reality is if you do 30 deals a year and we all end up at roughly the same picking ratio, and we saw that analysis, you know, the benchmark versus…
Figma’s IPO: The Full Breakdown & Why Melio’s $2.5BN Acquisition is “Discouraging” · 20VC with Harry Stebbings
- ▶ 6:20 Jason Lemkin Our, our startups were required almost the same time as Adobe, but he went back from benchmark, right? 2 times in the scene
- ▶ 1:04:49 Harry Stebbings Dude, that, that is the most Thrive Capital benchmark style website I've ever seen.
KKR's Head of European PE, Philipp Freise: Do Andreessen & General Catalyst Scare KKR? · 20VC with Harry Stebbings
- ▶ 21:49 Philipp Freise No, I have incredible respect for the benchmarks and the Harry's and the Daniel X who found those types of opportunities, but you know, you asked me my lessons learned from VenturePark. 2 times in the scene
- ▶ 22:33 Philipp Freise You look with great admiration at the Excel's benchmarks and indexes and Kleiner Perkins of the world, um, but that's not our business.
Chime IPO: Are IPOs Hotter Than Ever? · 20VC with Harry Stebbings
- ▶ 23:08 Harry Stebbings In terms of CEOs moving around, as we have with Alex at scale there, Delian tweeted about Jason at Discord being removed, um, potentially by benchmark due to delayed IPO of Discord.
OpenAI, SBF & Perplexity: What VCs Know That You Don’t · 20VC with Harry Stebbings
- ▶ 28:11 Rory O'Driscoll They're in some good deals, you know, um, like are they as good series A as pick a name benchmark or kind of no, but they've established a meaningful scale franchise and thoughtful, and, you know, compared to a lot of ill thinking people,…
Benchmark vs a16z: Why Stage Specific Firms Win · 20VC with Harry Stebbings
- ▶ 0:00 Rory O'Driscoll Benchmark did something like 63 series A's and had a 10% hit rate across 15 years. 2 times in the scene
- ▶ 23:30 Harry Stebbings I saw Benchmark had a 33% hit rate on five billion dollar companies from 2013 to 2018. 4 times in the scene
- ▶ 26:50 Rory O'Driscoll Benchmark got six, and everyone else bunches in the two, three, four, five percent rate, right?
20Sales: Sierra: Inside Silicon Valley's Fastest Growing Sales Machine & How to Prospect, Outbound and Close Enterprise Deals in AI
- ▶ 0:10 Harry Stebbings Today we have one of the best, Head of Global Sales for one of the fastest growing AI companies in the world, Sierra, founded by Brett Taylor and funded by Benchmark and Greenos.
What Does it Take to Be Good at Series A and B Today? · 20VC with Harry Stebbings
- ▶ 1:05:25 Harry Stebbings Uh, Manus raised seventy five million for its last valuation led by Benchmark. 4 times in the scene
- ▶ 1:17:00 unnamed speaker Listen, I, I'm so glad I haven't had to do that to make a buck, and good luck to the benchmark boys.
a16z's $20BN Fund & Founders Fund's $4.6BN & Why Josh Kushner Has Mastered the Game · 20VC with Harry Stebbings
- ▶ 2:12 Harry Stebbings We just released a show, um, the other day, uh, with Victor Lozate from Benchmark, a GP at Benchmark, and he said the generation of SaaS investing before is dead.
- ▶ 11:50 Harry Stebbings I mean, I had Victor from Benchmark on the show, and he said that portfolio construction doesn't matter. 4 times in the scene
- ▶ 49:10 unnamed speaker I want to make sure I have enough deals in every fund that the fund has a good probability of success.
Benchmark GP, Victor Lazarte: The 3 Traits All the Best Founders Have · 20VC with Harry Stebbings
- ▶ 26:19 Harry Stebbings Everyone thinks you join Benchmark or you join Sequoia and just deals come to you. 2 times in the scene
- ▶ 52:10 unnamed speaker I'm just interested, like, Benchmark are famed for, like, the leading 3 times in the scene
- ▶ 56:18 Harry Stebbings Did you feel the weight of the benchmark GP role? 4 times in the scene
- ▶ 1:02:47 Harry Stebbings He said, the one question I'd really want to know from Victor is, if you look back in 10 years, in what ways do you want to have meaningfully changed benchmark to prevent its extinction? 8 times in the scene
- ▶ 1:04:36 Harry Stebbings It was a craft of benchmark. 3 times in the scene
20Product: How Scale AI and Harvey Build Product | Why PMs Are Wrong: They are not the CEOs of the Product | How to do Pre and Post Mortems Effectively and How to Nail PRDs | The Future of Product Management in a World of AI with Aatish Nayak
- ▶ 1:05:16 Harry Stebbings As always, we so appreciate all your support, and stay tuned for an incredible episode coming on Monday with Victor Lozate at Benchmark.
20Sales: How the Best Sales Teams Use AI to Win Enterprise Deals | Sales Teams Will Be Dramatically Smaller | How to Ramps Sales Reps Way Faster | Why Unpaid Design Partners are BS | Why this Generation of Sales is Soft with Ishan Mukherjee @ Rox
- ▶ 14:40 Ishan Mukherjee When Zen, myself, Eric at Benchmark, we were starting Pixie, we thought,
Mitchell Green, Founder @ Lead Edge Capital: Why Traditional VC is Broken · 20VC with Harry Stebbings
- ▶ 9:30 Mitchell Green There's going to be some type of company that AI is enabling that nobody else could do something before, and that changes it, and it's going to be guys like you or Benchmark or Sequoia that find that thing, um, at the very early stage, and…
- ▶ 12:57 Mitchell Green Had that deal, been backed by Benchmark, like Vishra or Fett, Peter Fett, and one of those guys, backed a Benchmark, doing a minority deal based in Silicon Valley, it would have been five hundred million dollars. 2 times in the scene
- ▶ 38:58 Mitchell Green Um, which, you know, was a, when we invested, Benchmark, like, did the early rounds.
- ▶ 53:25 Mitchell Green By the way, benchmark. 3 times in the scene
- ▶ 1:12:49 Mitchell Green Um, those two groups between seed and A, it would be like benchmark or Bessemer.
- ▶ 1:21:24 Mitchell Green Like, we joke that's like, it's very funny that partners at Andreessen Horowitz, who we're friends with, or partners at Benchmark, or partners at, you know, First Round, have made the hierarchy of BS letter kind of famous.
Adarsh Hiremath @ Mercor: The Fastest Growing Startup in Silicon Valley | E1261 · 20VC with Harry Stebbings
- ▶ 36:05 Adarsh Hiremath You know, going back to the example, uh, about benchmark, um, 5 times in the scene
- ▶ 37:59 Adarsh Hiremath Um, but just like we, we felt with benchmark, we, we wanted to be, you know, in business with,
- ▶ 38:18 Adarsh Hiremath It's, it's, you know, Brendan, Suri, and I, and, and Benchmark, uh, on the board.
- ▶ 39:25 Adarsh Hiremath So the new fundraiser was led by Felices with some, you know, other amazing investors, including GC, Benchmark, and others participating as well.
Nabeel Hyatt, GP @ Spark Capital: To Win in AI, Investors Need to Change Their Approach | E1255 · 20VC with Harry Stebbings
- ▶ 11:38 Nabeel Hyatt Spark was started in the early web two point O era, like right at that age, uh, in the same cohort as USV and benchmark two point O that the beginning of the girly era and a handful of other firms that I think all treated mobile really…
Shervin Pishevar: What Really Happened in the Firing of Travis Kalanick | E1245 · 20VC with Harry Stebbings
- ▶ 0:20 Shervin Pishevar Unfortunately, in my opinion, it was Bill Gurley at Benchmark. 2 times in the scene
- ▶ 8:31 Shervin Pishevar So Matt called me in August of 2011, six months after Benchmark did their Series A with Uber.
- ▶ 34:38 Shervin Pishevar So, um, what went wrong was we had the wrong venture capitalists on the board, and that was, unfortunately, in my opinion, that was Bill, Bill Gurley at Benchmark. 3 times in the scene
- ▶ 42:44 Shervin Pishevar And I, and I countersued Benchmark, and, um, you know, flew to Delaware, uh, and landed, went to this little courthouse, and it made me fall in love with the American justice system, because this, the entire corporate legal system is held… 2 times in the scene
- ▶ 47:17 Shervin Pishevar I was meeting with, um, Rajiv Misra about, like, buying benchmark stakes. 3 times in the scene
- ▶ 50:03 Shervin Pishevar So, in their greed to go after their, you know, current winnings of billions of dollars, single digit billions, um, Benchmark, uh, and the other investors made a critical mistake. 2 times in the scene
- ▶ 51:31 Shervin Pishevar And the reason is, you know, Benchmark invested in, in February, in February, 4 times in the scene
- ▶ 53:40 Shervin Pishevar Other investors, I was honestly, you know, disappointed and shocked that so many were easily manipulated by, by Gurley, uh, and benchmark, and that they went along with this scheme, uh, in the sense that, you know, the letter, um, I don't…
- ▶ 57:39 Shervin Pishevar There's a history of VCs who have done this type of thing, uh, and, and in Benchmark's case, they did it against Naval. 3 times in the scene
- ▶ 59:55 Shervin Pishevar And I passed on that company, that was ironically another benchmark company.
- ▶ 1:19:57 Shervin Pishevar Benchmark.
Mike Maples: Three Frameworks to Evaluate Startups and Founders | E1242 · 20VC with Harry Stebbings
- ▶ 8:55 Mike Maples You're talking about firms like Benchmark and Sequoia and General Catalyst and A-sixteen Z. 3 times in the scene